Question
Use Targets annual report for fiscal year 2021 (year ended on January 29, 2022) to answer the following questions. a. What method of depreciation does
Use Targets annual report for fiscal year 2021 (year ended on January 29, 2022) to answer the following questions. a. What method of depreciation does Target use? b. What types of intangible assets does Target have? c. What are the estimated lives that Target uses for the various types of long-term assets? d. As of January 29, 2022, what is Targets net book value of property and equipment? e. What was Targets depreciation and amortization expense (exclusive of depreciation included in cost of sales) for 2021? Hint: Other than the financial statements, more related information is reported in Notes #12 and #13 of the 2021 annual report.
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